Sat, Apr 19, 2014, 4:29 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Excel Maritime Carriers, Ltd. Message Board

  • handysize32 handysize32 Jul 23, 2007 9:59 PM Flag

    FREE

    FREE is best target for Cramer.It just made $0.15/s profit in 07Q1 vis $0.26/s loss a year ago. This is an undiscovered GEM in dry bulk sector with only 6.1 m share and 1.7 m share float.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I would have to disagree. I have been looking at this company due to the recent run up of EXM (i.e. move from EXM to some other dry bulker) and it looks like FREE will be paying about $2.5 million per quarter in interest costs. I estimate that will be roughly 25% of revenue.

      HOWEVER, with the low float and the recent mania in this sector, it might still be worth exploring. I probably would take out a flyer on this company if there recent purchases would contribute to Q2 earnings but they will not. Probably will not have much an impact on Q3 either. Thus, I think the short term catalysts are not there and dry bulk rates can't continue to keep moving up.

      Of course, this is just my opinion.

      By the way, I currently think EXM is overvalued. I am holding my final position with an August 40 call hedge.

      Good luck to all but I think the steam will be running out pretty soon.

    • tttttttttttttttttttttttt

    • ytyyyyyyyyyyyyyyyyyyyy

 
EXMCQ
0.0110.000(0.00%)Feb 14 12:23 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
AsiaInfo-Linkage, Inc.
NasdaqGSWed, Jan 15, 2014 4:00 PM EST